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    Marion-Waldo Rd Marion, OH 43302

    Sponsored
    For Sale
    $433,000

    7.22 Acres, Zoned Commercial, $433,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 7.22-acre commercial land parcel, located at 0 Marion-Waldo Road in Marion, Ohio (zip code 43302), presents a unique investment opportunity. The property boasts a substantial lot size of 902,127.6 square feet and is conveniently situated on State Route 423 South, just half a mile south of Kroger. Its prime location within a thriving commercial area ensures high visibility and accessibility. The land is already zoned for commercial use (400-Commercial), eliminating zoning hurdles and expediting development. All essential utilities are readily available, including public water, sewer, electricity, gas, and internet access, making this site ideal for a wide range of commercial ventures. The asking price is $433,000, translating to $60,000 per acre, reflecting the property's exceptional value and potential. The property's APN is 25-0080000.802; 25-0080000.800. This is a rare opportunity to acquire a sizable, well-located commercial parcel in a growing market. Don't miss out on this chance to build your business in a strategic location with all the necessary infrastructure in place.

    Property Features for 0 Marion-Waldo Rd

    General Information

    Property type
    Office Properties & Spaces

    HighLights

    • $433,000 asking price.
    • 7.22‑acre commercial land parcel.
    • Located at 0 Marion‑Waldo Road, Marion, OH 43302.
    • Zoned for commercial use.
    • $60,000/acre land value.
    • Utilities available (water, sewer, electric, gas, internet).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1285242
    Latitude
    40.5886699

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    FAQs

    What type of property is this?
    Office Property / Space - 7.22 Acres, Zoned Commercial, $433,000
    Where is this office property / space located?
    The property is located at Marion-Waldo Rd Marion, OH.
    What is the asking price?
    The asking price for this property is $433,000.
    What are key features of this property?
    This property features: $433,000 asking price.; 7.22-acre commercial land parcel.; Located at 0 Marion-Waldo Road, Marion, OH 43302.
    Request Owner's contact information
    Marion-Waldo Rd Marion, OH 43302
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    Marion, OH 43302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Marion-Waldo Rd Marion, OH 43302
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